RBI approves merger of National Co-operative Bank with Cosmos Co-operative Bank
The Reserve Bank of India (RBI) recently announced the approval of the voluntary merger of The National Co-operative Bank, Bangalore, ...
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Tag: rbi
Rajat Verma set to lead as India CEO at DBS from March 2025
Development Bank of Singapore (DBS) will be appointing Rajat Verma as Chief Executive Officer (CEO) of DBS India with effect ...
Read moreRBI introduces beneficiary bank account name look-up facility for RTGS and NEFT transactions
In a significant move to enhance the security and transparency of digital transactions, the Reserve Bank of India (RBI) has ...
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RBI introduces UPI access for prepaid wallets via third-party apps
The Reserve Bank of India (RBI) has enabled Prepaid Payment Instrument (PPI) holders to make Unified Payments Interface (UPI) transactions ...
Read moreRBI establishes panel to develop ethical AI framework
The Reserve Bank of India (RBI) has constituted an eight-member committee to establish a framework for the responsible and ethical ...
Read moreRBI unveils MuleHunter.ai to combat digital fraud
The Reserve Bank of India (RBI) has introduced MuleHunter.ai, an advanced artificial intelligence (AI) system aimed at addressing the growing ...
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RBI raises UPI Lite wallet limit to Rs 5,000 and boosts per-transaction cap to Rs 1,000
The Reserve Bank of India (RBI) has increased the UPI Lite wallet limit to Rs 5,000 and the per-transaction cap ...
Read moreRBI Names Partha Pratim Sengupta as MD and CEO of Bandhan Bank
The Reserve Bank of India (RBI) has approved the appointment of Partha Pratim Sengupta as the Managing Director (MD) and ...
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Satya MicroCapital secures Rs 500 crore debt funding from Japan’s Sumitomo Mitsui Banking Corporation for second time
The Reserve Bank of India (RBI)-registered Non-Banking Financial Company – Micro-Finance Institution (NBFC-MFI) Satya MicroCapital has secured Rs 500 crore ...
Read moreRBI approves India’s first FinTech self-regulatory body to strengthen industry standards
The Reserve Bank of India (RBI) has approved the formation of the country’s first Self-Regulatory Organisation (SRO) dedicated to the ...
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